Today's Top 20 Health Finance Articles
  • Not just number crunchers: How healthcare CFOs' roles are evolving

    Health system CFOs have historically been known for number crunching and being good stewards of a given organization's portfolio of assets. While these are still core responsibilities for modern CFOs, their roles are becoming increasingly involved in strategy and transformation. 
  • HCA provided $3.7B in 2023 charity care

    Nashville, Tenn.-based HCA Healthcare provided around $3.7 billion in charity care, uninsured discounts and other uncompensated care in 2023, according to its annual impact report. 
  • Walgreens takes $5.8B hit on VillageMD

    Walgreens is marching on in its downsizing and bearing the costs tied to it, as its results for the second fiscal quarter of 2024 show. 
  • 6 steps for ASCs to collect patient payments earlier + faster

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  • HonorHealth exits the red with $32.8M operating gain

    Scottsdale, Ariz.-based HonorHealth reported a $32.8 million operating gain (1.1% margin) in 2023, up from a loss of $4.3 million (-0.2% margin) in 2022, according to financial documents published March 27.
  • CMS floats 2.8% pay bump for inpatient rehab facilities

    CMS has released its proposed rule for inpatient rehabilitation facilities, which would see an estimated 2.8% increase in payments in 2025. 
  • Yale New Haven Health gets green light from Connecticut to buy 3 Prospect hospitals

    The Office of Health Strategy in Connecticut has approved a certificate-of-need application from Yale New Haven (Conn.) Health that puts it one step closer to purchasing three Connecticut hospitals from Los Angeles-based Prospect Medical Holdings.
  • Kaiser-target Geisinger posts $366.6M net income in 2023

    Danville, Pa.-based Geisinger Health posted a net income of $366.6 million in 2023, after posting a net loss of $834 million in 2022, according to its financial report for the year ended Dec. 31. 
  • Simplify the complexity of Medicare claims

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  • A popular healthcare myth debunked

    Many in the healthcare industry assume rural hospitals are inherently worse off financially than urban hospitals. It's easy to see why.
  • California hospital closing dialysis center

    Mee Memorial Hospital in King City, Calif., has started transitioning patients to another dialysis clinic as it plans to close its dialysis center in June. 
  • Hospitals' cash position weakens

    Liquidity continues to be a problem for hospitals as they recover financially from the pandemic and inflation over the last four years, according to a new report from Syntellis, part of Strata.
  • Kaiser Permanente launching PACE venture

    Oakland, Calif.-based Kaiser Permanente is partnering with healthcare investment firm Town Hall Ventures to launch Habitat Health, which is designed to allow older adults with low incomes to remain in their homes and receive personalized support.  
  • US offers $10M reward for information on ransomware gang behind Change hack

    The U.S. Department of State's Rewards for Justice program has offered up to $10 million for tips, like identification or location, on the ALPHV/BlackCat ransomware gang responsible for the Change Healthcare attack. 
  • Building Blocks for Effective AI-Driven Denials Management: Unveiling the Four Essential Pillars

    Artificial Intelligence (AI) holds immense potential to transform Revenue Cycle Management (RCM) by improving administrative efficiency, decision support, and patient engagement.
  • Change attack, disruptors will test hospital finances: Kaufman Hall

    National data on hospital financials has so far reflected a strong start to the year, but challenges are likely ahead in wake of the massive Change Healthcare cyberattack and amid increasing competition from disruptors, according to Kaufman Hall's latest "National Hospital Flash Report." 
  • Steward to sell 'highly desired' physician group to Optum

    Dallas-based Steward Health Care plans to sell its physician group to UnitedHealth Group's subsidiary Optum, The Boston Globe reported March 26.
  • Percentage of initial denials overturned, by payer type

    Fifty-four percent of denials from private payers that were initially denied were ultimately overturned and paid, "but only after multiple, costly rounds of provider appeals," according to a March 21 report from healthcare solutions company Premier. 
  • 'Burned by corporate healthcare': Saltzer Health physician on looming closure

    With the clock ticking, Salt Lake City-based Intermountain Health is still working to sell services from its Nampa, Idaho-based Saltzer Health, a physician group, after sharing plans to close or sell the group in January. 
  • Providence pushes back on Oregon's charity care document request

    The Oregon Department of Justice is asking a judge to compel Renton, Wash.-based Providence to turn over more documents into an investigation of the health system's charity care program, The Oregonian reported March 25. 
  • AdventHealth invests in solar panels to save $20M over 2 decades

    Altamonte Springs, Fla.-based AdventHealth has invested in the installation of 7,500 solar panels that will save the health system an estimated $20 million over two decades.
  • AHA disputes 'biased' hospital charitable contribution report

    The American Hospital Association is defending the community dedication of hospitals and health systems after the Lown Institute, a nonpartisan healthcare think tank, released a report that found charity care from 80% of nonprofit hospitals falls behind tax breaks. 

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